Skip to main content

About your Search

20120924
20121002
STATION
CNBC 40
LANGUAGE
English 40
Search Results 0 to 39 of about 40
CNBC
Sep 24, 2012 7:00pm EDT
him now, eliminated. and what is president obama going to do about this, not meeting with world leaders, not meeting with israeli prime minister netanyahu? this is when president obama says israel is one of our best friends in the region, just one. instead, he's yacking it up on daytime talk shows like "the view" and while there he refused to call the libyan attack on our embassy an attack of terrorism. tonight we'll look at one more sign of the weakness of this amateur president instead of a world leader. >>> also this evening, the battleground now shifts. new numbers now out shows mitt romney gaining ground on middle class families, a 14-point lead over president obama. romney's now making the point that his middle class tax cuts will give much more take-home pay to middle class folks. douglas holtz eakin walks us through the numbers. >>> a punch line at last night's emmys but it is true. american liberals are being brainwashed by hollywood, and hollywood is being brainwashed by obama. we're going to reveal how one network's primetime show shilling for obama care. first up thi
CNBC
Sep 26, 2012 7:00pm EDT
ceos, does the pessimism spell trouble for president obama and maybe the rest of us also? president obama and mitt romney meanwhile battling it out in the swing state of ohio. john harwood joins us now with all the details. good evening, john. >> good evening, larry. you know, in the wake of that 47% video last week, mitt romney's got a new message and that's to tell middle class people as well as the poor that he cares about them. he did it on the stump in ohio today, he also did it in an interview with our nbc colleague ron allen just a few minutes ago. here's mitt romney. >> i served as a pastor of a congregation with people of all different backgrounds and economic circumstances that i care very deeply about the american people and people of different socioeconomic circumstances. and i think throughout this campaign, as well, we've talked about my record in massachusetts. don't forget, i've got everybody in my state insured. >> and here's some numbers, larry, that show you why that is mitt romney's message rather than tax cuts. you can't compare in the state of ohio where a new
CNBC
Sep 28, 2012 7:00pm EDT
. president obama may well have known and we ask tonight why shouldent susan rice resign and why shouldn't hillary clinton resign and why doesn't the buck stop with obama himself? this evening, with 1.3% gdp collapsing business investment and a contraction in chicago fed manufacturing, our question is, is this a stall speed speed recovery or are the signs out there that we are going back in to recession? in in addition, want a clue to what balm's patriotic policies are? look at a france. today france instituted a 75% tax rate for millions. more taxes and spending is coming here and i will show you how. first up, 17 days since our ambassador and three american heros were murdered by terrorists in benghazi. the obama white house is chajing their story again tonight. listen to what susan rice told the sunday shows two weeks ago, that a was five days after the attack. >> what happened in benghazi is in fact initially a spontaneous reaction to what had transpired hours before in cairo. >> we do not have information at present that leads us to conclude it was premeditated or preplanned. we don
CNBC
Sep 27, 2012 7:00pm EDT
of nuclear enrichment necessary to make a bomb. sglin credibly effective. tonight we asked first, will obama respond to netanyahu's red line? he wouldn't especially meet with him. second, has president obama outsourced his foreign policy to hillary clinton? and what about the incredible cover up of the libyan terrorist attack. this could be benghazi gate on the eve of the election. also this evening, mitt romney should draw a red line for middle income taxpayers and say you will not lose your deductions and you will get yours lower tax rates. he has to have a chris cal clear growth message in next week's debate. it could be his last chance. plus the nfl made a deal overnight and the real refs will be on the field this evening. this is a huge story where there were billions of dollars at stake. we have an exclusive new england patriots owner robert kraft joins me this evening. he is the first owner to speak out. all right. following monday's outburst by mahmoud ahmadinejad, it was israeli benjamin netanyahu's turn today. danielle lee joins us with the details. >> good evening. today prime min
CNBC
Sep 25, 2012 2:00pm EDT
confounding. example, the majority of those polled believe president obama will be better for the economy down the road, even though they think it is worse now than it was four years ago. steve liesman, please, explain this discrepancy to us. >> yeah exit is really a paradox or a poll with a paradox in it, cnbc all-america sur acres have 800 americans all across country. get right to the charts, see what i can do to help explain this on the economy, 55%, no questions here about what people think. say things were worse than four years ago, just 27% better. 17 the same. but who do they think would be better for the economy in the next four years? 43 to 34, romney. i will tell you in our last survey that we did in june, pretty much the same sample. we asked a slight variation on the e con question, romney beat obama by six points on the economy. let look at all the different issues we asked. went more in depth than almost anybody else. on jobs, 23-59% saying worse than four years ago. over here, health care, obama's signature issue, many people don't think it is better than it was. in fact, 2-1 i
CNBC
Sep 25, 2012 3:00pm EDT
the value of their investments since president obama took office? we look at the latest survey, which we'll talk about more later in the program. 34% of americans say their investments are better off than they were four years ago. just 29% said that they were worse with 28% about the same. the facts are the s&p 500 has skyrocketed over 70% in that time, of course, due to the central bank stimulus action. so what's the disconnect? joining us with answers so that and more is the pimco ceo. good to see you. thanks for joining us. >> thank you, maria. >> let me get your take with what's going on in spain right now. we've been looking at these pictures of protesting. it certainly feels like things are worsening there in terms of the unrest and certainly the economic challenges. what's your take on the latest? >> it's an indication of how difficult it is to go from designing a response to implementing it. one of the problems you have in europe is that parts of the populations are just fed up. they've had enough. so you start getting rejection. it's most acute in greece where you've had economi
CNBC
Sep 25, 2012 6:00am EDT
reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the department of homeland security.
CNBC
Sep 26, 2012 1:00pm EDT
mentioned president obama and mitt romney hitting the spring state of ohio in duelling events. the president speaking ott bowling green university. governor romney in bedford heights, pushing his economic plan to business leaders there. the polls show the president is holding a lead in the state. cnbc's chief washington correspondent john harwood has the latest on that. >> the 18 electoral votes in ohio are critical. no republicans won the white house without them. mitt romney is in a hole in ohio now. new york times cbs poll out this morning showed him down by 10 percentage points in ohio. other polls show it closer. everybody agrees he's behind. look at the numbers. it tells you about his ohio trouble from this poll when you ask people who's better on the economy, that's mitt romney's signature issue. barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that exp
CNBC
Sep 26, 2012 4:00pm EDT
. which candidate has the better energy plan in your view? >> well, obama has no energy plan. he talks about energy a little bit. he never has a plan. romney has a good plan, and i believe romney will carry it out. that all the people that have run for president since nixon, republican and democrat, have always said elect me and we'll be energy independent. romney has not said that. he has said with a north american alliance, that we can bring together mexico, canada, and the united states, and we can be energy independent using all of north america. but that's good because they're good neighbors. we work well together. all that can be accomplished, but romney is realistic about a plan. his plan is use our own resources. >> and we know that's a job creator. do you think he has a shot to win the election? >> oh, i think he will win the election. i think he has energy as a big component. there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are cr
CNBC
Sep 28, 2012 4:00pm EDT
, no minority got obama for. >> obama phone. she's talking about a real government program that subsidizes cell phones for the poor. guess what? you might be paying for it. did you know that? i'll speak with a congressman about how he's trying to reign it in next. >>> then, think about a 75% tax rate. that could be a reality in france. the question is whether it could happen here. a mitt romney supporter gives us her take in a few minutes. >>> and he's the head of one of the richest sovereign wealth funds. he sits down with me for an exclusive in a few minutes. he owns a number of banks. find out where he's investing. back in a moment. tdd#: 1-800-340 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-
CNBC
Oct 1, 2012 6:00am EDT
the math doesn't work. >> you're the master of the budget. so let's go through the plan. the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. >> how much would it cost? >> its revenue neutral. >> i'm just talking about the cuts. we'll get to the deductions. >> the cut in tax rates is lower all americans tax rates by 20%. it's revenue neutral. >> it's not revenue new pral unless you take away the deductions. the first half, lowering the tax rates, does that cost $5 trillion? >> no. look, i won't get into a baseline art with you but that's what a lot of this is about. lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agr
CNBC
Sep 27, 2012 6:00am EDT
this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in t
CNBC
Sep 24, 2012 4:00am EDT
facing a 20 billion euro shortfall. >>> and mitt romney and president obama disagree over israel ramping up the rhetoric. >> and foxconn shuts down a northern chinese factory after a brawl involving 2,000 workers. >>> germany's sentiment index falls, and the mood continuing to u.s. futures. closing in on the start of the trading day, dow jones implied to open lower by more than 35 points. nasdaq and s&p 500 also looking to shed their gains, as well. take a look now at the cnbc ftse global 300. down a third of a% in light of that data which hit just about an hour ago. european markets she the ftse 100 down 0.4%. xetra dax this one in focus this morning, that's down 0.6%. cac 40 down almost 1% this morning. this ahead of a key budget unveiling. ibex 35 not benefiting from the risk off attitude. down 1.6%. >> and i think the ifo number, we had a better pmi out of germany last week, so the expectations it would hold up and it didn't. but it is worth pointing out 50% of the responses were taken before the constitutional court ruling in germany. quite a lot of paper being issued by italy this
CNBC
Sep 26, 2012 6:00am EDT
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
CNBC
Sep 24, 2012 4:00pm EDT
penalty, capital gains from 15 to almost 24, almost triple of dividend taxes from 15 to 43, obama care taxes, higher taxes and fees. to me, even though most traders i talk to say somebody's going to cave, we're not worried about it. i think depending on how the election goes, november 7th could be one of the busiest, most wild days in the equity indices since the flash crash. >> yeah, it's going to be busy for sure. thanks, everyone. we'll keep watching the story of stocks. be sure to catch rebecca and the "money in motion" gang this friday, every friday on "money in motion" on cnbc. >>> this market trying to shake off the monday blues. courtney reagan has been front and center at nyc. >> the dow closed lower for the 16th day. we popped briefly higher shortly after we saw the futures trading close over at the nymex but we couldn't hold onto it with both of those indices closing lower. if we take a look at some of the sectors, we're in this defensive mode. the effects of qe3 already waning. energies, material lagging. also technology. take a look at some of these technology movers becau
CNBC
Sep 24, 2012 6:00am EDT
. >>> still to come this morning on squawk, president obama, mitt romney and their respective campaign staffers hitting the airwaves. we'll have some of the highlights. and in the next hour, we have two of the world's most renowned scholars in the field of energy. why they argue that the situation in iran could be a game changer for crude prices. meantime, iranian hackers are have said to have attacked jpmorgan and citigroup. we'll talk cyber security. and ask reputation.com's michael fertik is the nation's banking system is at risk. ffrs . >>> tomorrow on "squawk box," an hour with our guest host barry diller who ran pariramount and fox. we'll talk politics with jeb bush. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> last night both mitt romney and president obama were on "60 minutes" and this was a chance to see both of the candidates. it was a very interesting way of watching about it, among the topics th
CNBC
Sep 25, 2012 12:00pm EDT
to have you. >>> president obama due to address the clinton global initiative annual meeting at any moment. he is in new york city. we're going to take a little bit of that and talk to amon javers. this is the big event that coincides. not to be new york centric, the traffic is horrific with all the security of all the important people in town. but as soon as he begins addressing that, we'll have amon javers let us know exactly what he's talking about. if you're confused, yes, the president did address the u.n. earlier this morning. we already covered that. we'll also tell you what he's saying at clinton global initiative. >>> the specs on the home builder rally, why it may not be up to code. >>> don't call bob rodriguez a bull, why he thinks fed policies are one of the biggest threats facing the nation. >>> first the battle of the tech titans. what's the best bet for your portfolio, apple or google. ken fisher said either one but we'll get specifics as google hits another record high. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market track
CNBC
Sep 25, 2012 4:00pm EDT
to the upcoming election. there's such a divergence of opinion between president obama and senator romney, where they want to take the country and what direction it would be. i think corporations are just holding back cash. i think individuals are holding back cash too. we're seeing less investment in the marketplace. if we're going see the fiscal cliff, which i'm sure we'll talk about throughout the day, but if we're going to see the bush tax cuts roll off, we're talking about dividends going up significantly. right now you cannot get any yield. everyone is chasing yield. you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of novembe
CNBC
Sep 27, 2012 3:00pm EDT
obama as to how to prevent the need for a strike on iran. obama's strategy seems to be based on some sort of wishful thinking, whereas netanyahu's is kind of more built upon historical context and what has prochb to proven to be a success in the past. the only time we've ever seen iran suspend their nuclear program was back in 2003 when the threat of credible military action was real. what netanyahu is coming out and saying today is we better make that real. otherwise, you know, it's going to hit us where we least expect it. >> so, john, what do you think an israeli strike on iran would do to the price of oil and the markets? i mean, obviously this has much broader implications for the world and people's lives, but taking a look at the oil markets, how destabilizing would that be? >> you know, it will depend, maria, on what the strike looks like, to be straight here. a pinprick type of operation like they did in syria and iraq years ago would certainly spike the price of oil. you're going to go right to that 2008 $150 high. maybe even higher. but do we stay there? that's the question
CNBC
Sep 25, 2012 1:00pm EDT
with obama saying he is better off on the economy for the next four years. let's take a look at the shape of the economy and the one bright spot, which simon mentioned, which is house. first of all you can the majority say the economy is poor. we are back up to 53%. in fact, it deteriorated from our last survey, only 36% of the public says the economy is fair and take a look at the low percentage, 10%, who say it's excellent. we started this survey back in '07, just before the recession started. it was around 25 or 30% saying the economy was good or excellent. this may be the new normal, just one out of ten saying the economy is good or excellent. now, let's take a look at what they say, in the next chart here about economic optimism. you can see here that it's 35/25 it beats optimism -- it does beat pessimism for the outlook for the future, 35% of the public saying it's going to get better. and we do have a change that we've tracked here. let's get rid of these other items here, take a look at the good -- better versus worse. you can see here back in 2011, it was about even. and now, it
CNBC
Oct 1, 2012 2:00pm EDT
is pricing in a re-election by obama. in other words, status quo. if that is the case, how do we invest our money? >> i think you have to differentiate the short term and long term. i think the point was just made -- long term, we're still very bullish on equity. we see valuations at levels that make a lot of sense to us and there are sectors of the market that look very attractive. short term you have uncertainty. and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you, america, doing with your money. how are you changing your investments, your 401(k). right? a lot? a little? not at all? we make our tests hard here on street signs. you can go to streetsigns.cnbc.com. or tweet us your
CNBC
Sep 25, 2012 4:00am EDT
europe's crisis. >> and president obama is set to address the u.n. general assembly in new york a day after inflammatory comments from ahmadinejad. we're looking for a bit of a rebound after closing lower yesterday. dow jones trying to add about 10, 11 points here. nasdaq and s&p also looking to add here. but again, this follows a down day yesterday. but it was a monday, so what do you expect. global 300, we can focus in here on the european bourses because we were across the board same thing, indecisive attitude. ftse 100 basically flat. xetra dax 4/10 of a point. cac 40 down 0.4%, so not just germany. ibex 35 trying to add 0.3%. it did just auction off debt paying a little bit more for those 12 month bills than last time. >> we did see as kelly rightly says yields slightly higher. spanish debt yields there also slightly higher. look at this, ten year u.s. yield now 1.69%. so we are back to the levels if not below the levels we were at before the fed announced another bout of quantitative easing. euro-dollar pretty much at the levels we were at this time yesterday. dollar-yen is weak
CNBC
Sep 26, 2012 4:00am EDT
to volatility that we're seeing this morning. >>> u.s. president barack obama called for an end to extremism yesterday. he also paid tribute to christopher stevens, the u.s. ambassador to libya who was killed during recent protest. in his last major foreign policy address before the upcoming election, obama also reiterated his desire to find a diplomatic solution with iran, but warned that time was running out. usef joins us from iran now. as we can expect to hear from ahmadinejad later today, what might he -- are we going hear any change in rhetoric from the past? how much will the world's attention be focused on this moment? >> well, kelly, you're right. president mahmood ahmadinejad's speech is expected for later today. it comes actually quite at an interesting time because it would be the hollywoodiest dies jewish calendar. of course, obama's speech comes at a time when the united states is facing a very difficult situation in the middle east. we saw the ongoing protests, and of course, anti-u.s. sentiment is at relatively high in terms of its historical sort of context. but again, peace
CNBC
Oct 1, 2012 4:00am EDT
all registered voters, obama hold as five point lead, but 52% of them are being a stros swi acrosses swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. d
CNBC
Sep 24, 2012 9:00am EDT
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
CNBC
Sep 24, 2012 6:00pm EDT
obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? we're sitting on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> it is time! it's time for the "lightning round." are you ready? start the lightning round. going to start with cory in arkansas. cory? >> caller: hey, orange county, but close enough. longtime listener, first time caller. >> okay. >> caller: i'm interested in taking a long position in tsla. >> too dicey. too dicey. no, no, no. this is just a very overvalued stock. i'm not going to recommend it. let's go to
CNBC
Sep 25, 2012 9:00am EDT
a lot. >>> the united general assembly's 67th session opens today with president obama getting ready to take the stage at any moment. conflict in the middle east will be one of the key topics of his speech. we are at the white house and joined with a quick preview. >> reporter: two main subjects on the aden gentleman going to the yutss today. we are going to talk about the violence in the muslim streets that culminated into the american ambassador to libya. and he'll talk about the nuke lower armed iran. i was going to say there are no words for the innocence of the killing we have seen. there's also no video to justify an attack on an embassy. there's no slander that provides an excuse for people to burn a restaurant in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances.
CNBC
Sep 26, 2012 2:00pm EDT
of trumpets. ♪ >> we should have trumpets on every hit here. let's look at the brand new ad from barack obama's team. then we'll slice and dice on the other side. listen. >> he attacked millions of hard-working people making 25, 35, 45,000 dollars a year. they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the state, local, real estate, sales and other taxes people pay. for the record we checked. what did mitt romney pay according to his 2011 tax returns? here's what he paid in state and local taxes. he paid over 1.3 million dollars in state and local. he paid $214,000 plus in real estate taxes and a whopping $146 in personal property taxes. the point is he did pay the other tax
CNBC
Sep 26, 2012 9:00am EDT
contributors to barack obama. so let's focus on the left side of the aisle this morning. we're using fresh data here from the center for responsive politics, focusing on donors who gave to groups that contribute some or all of their money to the presidential race. we're going to start with number five, jeffrey katzenburg, the ceo of dreamworks. he and his company have been lobbyists for a lot of copyright companies in washington as well as protection against china. katzenberg attended a lunch with biden and top chinese officials. after that, dreamworks has a jv with the son of china's president. going on to our number four on the list is jim simons. he is the founder of renaissance technologies. and he is the richest of the democratic dee nonors with a ne worth of $11 billion. education is a big issue for the democrats. math education and reform of public education, big issue for jim simons, who i'm sure will be a big voice for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in
CNBC
Sep 28, 2012 4:00am EDT
area today which a republican hasn't won in nearly 25 years. pennsylvania, that is. president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are three of them coming up. a misstep by the president. some sort of international incident to thinks that might come out a
CNBC
Sep 27, 2012 4:00am EDT
it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of japan and the issue should be settled under international law. but china reacted by saying china has broken international law. meanwhile the tensions continue to damage china related businesses. cancellations for flights to and from china have reached 40,000 seats. and production cuts are in china. >> stay there for one second. another story that we're following as relations between japan and china aren't going so well, japan may be getting companyier with myanmar. is that right? >> yes. the japanese government is teams up with myanmar's public and private sectors to set up a training center next spring. the aim is as to boost business skills to
CNBC
Sep 28, 2012 6:00am EDT
if it was president obama gets re-elected, then at the high end you'll see the bush tax cuts not extended for the high end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to fol
CNBC
Oct 1, 2012 4:00pm EDT
on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >>> all right, welcome back, 30 seconds on the clock, our next guest telling us what they think will move the markets tomorrow morning. we get right to it right now. ubs, steven nicholas, and good to have you on the program, everybody. let's kick it off with you, what are you looking at tomorrow? 30 seconds on the clock. >> well, if you're watching emerging markets, look out for brazil industrial production tomorrow morning at 8:00 a.m. probably mark the 12th straight month of contracting ip, going back to last september. this probably is most importantly for growth but also let's kee
CNBC
Sep 30, 2012 7:30pm EDT
, auto sales for the month of september will be out. on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america. >>> finally, are you ready to hand over the wheel at google headquarters this week, california governor jerry brown signed a law legalizing driverless cars. the search giant has been developing self-driving cars for several years. they use cameras and radar to detect other vehicles. and have reportedly logged more than 300,000 road miles without an incident. implementing this idea is right on schedule. >>> you know, it was just at the 1939 worlds fair when general motors predicted a highway system full of electric cars controlled by remote ra
CNBC
Sep 27, 2012 6:00pm EDT
story tonight, having failed to get what president obama should have done as the leader of the free world, that is draw a red line for iran's nuclear development. instead benjamin neah
CNBC
Sep 27, 2012 9:00am EDT
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
CNBC
Oct 1, 2012 9:00am EDT
and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david,
CNBC
Sep 26, 2012 6:00pm EDT
, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i said on this show and wrote in a column, your message should be lower
CNBC
Oct 1, 2012 1:00pm EDT
to remember that zuckerberg also wore a suit when he met with president obama so he's willing to put on a suit if the occasion merits it. and i think it shows that he's really trying to expand facebook overseas and facebook does have a huge number of international users but the monetization to go back to that word -- facebook isn't making as much money overseas as it is here in the u.s. as a user. that has to ramp you were and i think he is in russia to try to get that started. >> let's look at where facebook's stock stands right now if we can put that up to see how it has performed today as we roll out the chunks from your -- it is up 1.5% on the day as you see there at $21.98. sue? >>> if you're looking for yield in this low interest rate environment -- who isn't -- check out big pharma. which companies may be preparing to boost their dividends coming up. >>> as we head out, here's how the five biggest dividends in the dow jones industrial 30. our favorite, intel, up 1.68%. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesti
CNBC
Sep 28, 2012 2:00pm EDT
now. china, energy and national security. president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for the virus that causes aids. it was approved by the u.s. health regulators back in july. i remember we did it on our street talk here on "street signs". >> well now for our disaster dus? jour. a company called adtran. broadband company. ethernet switches, routers, et cetera. that stock taking a big hit today. they cut their forecast in a big way. that's about half of what wall street was expected. downgraded to underperform at bank of america-merrill lynch with a target of 15 bucks. so mandy, another 2.25 down side here. >> downright scary sign of life for the u.s. economy. we find them where we can
Search Results 0 to 39 of about 40